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The AI token, $FET, experienced a 6% decline in value today as it approached the $2 mark, reflecting ongoing outflows from wallets associated with the Fetch.ai Foundation. This movement in price coincided with significant deposit activity on Binance, shedding light on potential market dynamics influencing $FET’s performance. Wallet 0x633, linked to the Fetch.ai Foundation, recently … Read more
Today marks another milestone for Bitcoin as its price surges to a high of $65.4k, according to data from CoinMarketCap. Behind this upward momentum lies intriguing insights into whale behavior and a surprising movement from a long-dormant wallet. Whales, those holding substantial amounts of Bitcoin, have been actively accumulating during market dips, as indicated by … Read more
Over the weekend, Ethereum, the second-largest cryptocurrency, surged past the $3000 mark, reaching a peak of $3220 today. However, amidst this bullish momentum, an interesting development unfolds as a whale takes advantage of the price surge to secure profits. The whale in question, who purchased Ethereum a year ago, has decided to capitalize on the … Read more
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024. Go to Source
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges and custodians “in the coming days.” Go to Source
In a significant development within the cryptocurrency space, GSR Markets has deposited a substantial sum of 6 million ARB tokens to Binance, valued at $6.42 million, over the past 8 hours. This influx of tokens has piqued the interest of market observers, prompting speculation about the source and motives behind the deposit. Upon tracing the … Read more
Excitement brews in the cryptocurrency community as Ethena experiences a notable 9% surge in value today. However, amidst this upward momentum, significant developments regarding token distribution and market dynamics have come to light. In a move to enhance token distribution and decentralization, Ethena has implemented a phased airdrop strategy. The top 2000 Ethena holders will … Read more
In a whirlwind 24-hour period, Ethereum, the second-largest cryptocurrency, made waves by surpassing the $3,000 threshold before settling back to $2,977 at the time of reporting. Adding to the excitement, Ethereum also saw a surge in new wallet creations, with a staggering 267,000 fresh wallets recorded. This influx marks the highest number of new wallets … Read more
Bitcoin, the world’s leading cryptocurrency, has seen a significant resurgence in its market value, climbing back up to $59.3K after a period of volatility. This surge is accompanied by an intriguing indicator: 84.4% of the network’s available supply is now in profit, marking its lowest level in two months. Traditionally, such dips in this ratio … Read more
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000. Go to Source